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Logistics Management Final Exam Questions - 1083 Verified Questions

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Logistics Management

Final Exam Questions

Course Introduction

Logistics Management focuses on the planning, implementation, and control of the efficient movement and storage of goods, services, and related information from the point of origin to the point of consumption. The course explores fundamental concepts such as supply chain management, transportation, warehousing, inventory control, procurement, and distribution strategies. Students learn to analyze and optimize logistics processes to reduce costs, improve customer service, and gain competitive advantage. Practical case studies and industry examples illustrate how effective logistics management supports broader business objectives in a globalized marketplace.

Recommended Textbook

Operations and Supply Chain Management The Core 4th Edition by F. Robert Jacobs

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16 Chapters

1083 Verified Questions

1083 Flashcards

Source URL: https://quizplus.com/study-set/2433

Page 2

Chapter 1: Operations and Supply Chain Management

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71 Verified Questions

71 Flashcards

Source URL: https://quizplus.com/quiz/48331

Sample Questions

Q1) All managers should understand the basic principles that guide the design of transformation processes.

A)True

B)False

Answer: True

Q2) Capturing information directly from the source through such systems as point-of-sale,radio-frequency identification tags,bar-code scanners,and automatic recognition has had little impact on Operations and Supply Chain Management.

A)True

B)False

Answer: False

Q3) Raising senior management awareness of OSCM as a competitive weapon is not an important issue.

A)True

B)False

Answer: False

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Chapter 2: Strategy and Sustainability

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48 Verified Questions

48 Flashcards

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Sample Questions

Q1) An operations strategy must resist change because of the long term nature of equipment and personnel investments.

A)True

B)False

Answer: False

Q2) By following a straddling strategy,firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.

A)True

B)False

Answer: False

Q3) Operations and supply strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization.

A)True

B)False

Answer: True

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Chapter 3: Forecasting

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90 Verified Questions

90 Flashcards

Source URL: https://quizplus.com/quiz/48329

Sample Questions

Q1) restriction in using linear regression is that it assumes that past data and future projections fall on or near a straight line.

A)True

B)False

Answer: True

Q2) Continual review and updating in light of new data is a forecasting technique called second-guessing.

A)True

B)False

Answer: False

Q3) In a forecasting model using simple exponential smoothing the data pattern should remain stationary.

A)True

B)False

Answer: True

Q4) Linear regression is not useful for aggregate planning.

A)True

B)False

Answer: False

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Chapter 4: Strategic Capacity Management

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55 Verified Questions

55 Flashcards

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Sample Questions

Q1) Best operating level is usually a multiple of the level of capacity for which a process was designed.

A)True

B)False

Q2) Overtime and personnel transfers are solutions to capacity problems in the intermediate term.

A)True

B)False

Q3) The capacity utilization rate is found by dividing best operating level by capacity used.

A)True

B)False

Q4) When a firm's design capacity is less than the capacity required to meet its demand,it is said to have a negative capacity cushion.

A)True

B)False

Q5) Long-range capacity planning requires top management participation.

A)True

B)False

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Chapter 4: PART-A: Learning Curves

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49 Verified Questions

49 Flashcards

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Sample Questions

Q1) If a person performing a task has been achieving an 80 percent learning curve and it took 10 minutes to produce the first unit,the total time to produce 100 units will be 326.5 minutes.

A)True

B)False

Q2) The unit improvement factor for a 60% learning curve at 25 units is 0.0933.The first and second timings of a person doing a job are 5 minutes and 3 minutes respectively.The learning-adjusted time estimate for the unit number 25 is 0.0933 minutes.

A)True

B)False

Q3) You have just timed a person doing a job a few times.The first time it took the person 25 minutes,the second time it took 20 minutes,and the third time it took 17.55 minutes.Which learning curve unit improvement factor should you use?

A)25 percent

B)75 percent

C)80 percent

D)85 percent

E)90 percent

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Page 7

Chapter 5: Projects Manufacturing and Service Processes

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72 Verified Questions

72 Flashcards

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Sample Questions

Q1) series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?

A)Matrix project

B)Integrated Task Force

C)Functional project

D)Pure project

E)Cross-functional flexible team

Q2) project can be subdivided into which of the following?

A)Job orders

B)Sub-jobs

C)Work packages

D)Sub-paths

E)Events and decisions

Q3) The project indirect costs associated with a project include overhead,facilities,and resource opportunity costs.

A)True

B)False

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Chapter 6: Manufacturing Processes

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56 Verified Questions

56 Flashcards

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Sample Questions

Q1) The term "assembly line" refers to progressive assembly linked by some material handling device.

A)True

B)False

Q2) Which of the following basic types of process structures is one which equipment or work processes are arranged according to the progressive steps by which the product is made?

A)Project

B)Workcenter

C)Manufacturing cell

D)Assembly line

E)Continuous process

Q3) The closer the customer is to the customer order decoupling point the more quickly the customer receives the product.

A)True

B)False

Q4) The time needed to respond to a customer's order is called the customer response time.

A)True

B)False

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Chapter 6: PART-A: Break-Even Analysis

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9 Verified Questions

9 Flashcards

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Sample Questions

Q1) Assume a fixed cost for a process of $10,000.The variable cost to produce each unit of product is $30,and the selling price for the finished product is $50.Ignoring inventory,how many units must the firm sell to break even?

A)200 units

B)300 units

C)400 units

D)500 units

E)600 units

Q2) Assume a fixed cost for a process of $120,000.The variable cost to produce each unit of product is $35,and the selling price for the finished product is $50.Which of the following is the number of units that has to be produced and sold to break even?

A)5,000 units

B)6,000 units

C)8,000 units

D)11,000 units

E)12,000 units

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Chapter 7: Service Processes

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76 Verified Questions

76 Flashcards

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Sample Questions

Q1) There are different queuing models to fit different queuing situations.

A)True

B)False

Q2) Which of the following is an alternative possible service encounter included in the service-system design matrix?

A)Face-to-face distance

B)Internet

C)Questionnaire response

D)Automated teller (ATM)

E)Response card encounter

Q3) department of 25 machines is kept running by three operators who respond to randomly occurring equipment problems.An analyst who wanted to know how much production was being lost by machines waiting for service could use queuing theory analysis to find out.

A)True

B)False

Q4) In a practical sense,an infinite queue is one that includes every possible member of the served population.

A)True

B)False

Page 11

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Chapter 8: Sales and Operations Planning

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58 Verified Questions

58 Flashcards

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Sample Questions

Q1) Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inventory levels,order backlogs,and allowing lost sales is which of the following production planning strategies?

A)Stable workforce,variable work hours

B)Chase

C)Level

D)Full employment

E)Skill maintenance

Q2) Firms that match the production rate to the order rate by hiring and laying off employees as the order rate varies are following what is known as the chase strategy.

A)True

B)False

Q3) The Aggregate Operations Plan variable "inventory on hand" refers to the balance of unused inventory carried over from the previous time period.

A)True

B)False

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Chapter 9: Material Requirements Planning

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81 Verified Questions

81 Flashcards

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Sample Questions

Q1) An input to the material requirements planning (MRP)system is an inventory records file.

A)True

B)False

Q2) The least unit cost method (LUC)lot-sizing technique calculates the order quantity by comparing the carrying cost and the setup (or ordering)costs for various lot sizes and then selects the lot in which these are most nearly equal.

A)True

B)False

Q3) Which of the following is considered a primary report in an MRP system?

A)Planning reports

B)Performance reports

C)Exception reports

D)Planned order schedules

E)Cycle counting reports

Q4) MRP stands for Material Requirements Planning.

A)True

B)False

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Chapter 10: Quality Management and Six-Sigma Supply

Chain Processes and Analytics

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129 Verified Questions

129 Flashcards

Source URL: https://quizplus.com/quiz/48322

Sample Questions

Q1) Which of the following is the cost of quality classification for costs such as inspection,testing,and other tasks to ensure that the product or process is acceptable?

A)Appraisal costs

B)Prevention costs

C)External failure costs

D)Internal failure costs

E)Checking costs

Q2) The probability associated with rejecting a high quality lot is denoted in acceptance sampling with the Greek letter alpha.

A)True

B)False

Q3) Which of the following is a dimension of design quality?

A)Aesthetics

B)Price

C)Quality at the source

D)Distribution

E)Leadership

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Page 14

Chapter 11: Inventory Management

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100 Verified Questions

100 Flashcards

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Sample Questions

Q1) In inventory models,high holding costs tend to favor high inventory levels.

A)True

B)False

Q2) If annual demand is 12,000 units,the ordering cost is $6 per order,and the holding cost is $2.50 per unit per year,which of the following is the optimal order quantity using the fixed-order quantity model?

A)576

B)240

C)120.4

D)60.56

E)56.03

Q3) Shortage costs are precise and easy to measure.

A)True

B)False

Q4) Price-break models deal with the fact that the selling price of an item varies with the order size.

A)True

B)False

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Page 15

Chapter 12: Lean Supply Chains

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71 Verified Questions

71 Flashcards

Source URL: https://quizplus.com/quiz/48320

Sample Questions

Q1) "Kanban Squares" is an educational game played in Kanban training sessions.

A)True

B)False

Q2) Group technology is a philosophy wherein similar parts are grouped together and the processes required to make the parts are arranged as a work cell.

A)True

B)False

Q3) kaizen burst is a symbol on a value stream map.

A)True

B)False

Q4) Lean concepts discussed in the text do not include which of the following?

A)Group technology

B)Quality at the source

C)Just-in-time production

D)Preventive maintenance

E)Kaizen burst

Q5) One of the aims of value stream mapping to eliminate waste in a process.

A)True

B)False

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Chapter 13: Global Sourcing and Procurement

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64 Verified Questions

64 Flashcards

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Sample Questions

Q1) The optimal strategy for functional products is to use an efficient supply chain.

A)True

B)False

Q2) Two common measures to evaluate supply chain efficiency are the inventory turnover and weeks-of-supply ratios.

A)True

B)False

Q3) Logistics is a term indicating transportation choices for goods produced internationally but consumed domestically.

A)True

B)False

Q4) Two common measures to evaluate supply chain efficiency are the consumer price index and the beta flow system.

A)True

B)False

Q5) An important opportunity in green sourcing is waste reduction opportunities.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 17

Chapter 14: Location, Logistics and Distribution

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54 Verified Questions

54 Flashcards

Source URL: https://quizplus.com/quiz/48318

Sample Questions

Q1) Which of the following is not an infrastructure criteria used in facility location analysis?

A)Adequate school system

B)Adequate health care

C)Adequate transportation

D)Adequate low cost labor

E)Adequate public utility systems

Q2) Which of the following is not a criterion that influences manufacturing plant or warehouse facility location decisions?

A)Proximity to customers

B)Historical cost

C)Infrastructure of a country

D)Quality of labor

E)Business climate

Q3) free trade zone operates under different rules and laws than a foreign trade zone.

A)True

B)False

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